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ZAKS v. ELLIOTT

No. 4465.

106 F.2d 425 (1939)

ZAKS v. ELLIOTT et al. KRUPNICK v. PEOPLES STATE BANK OF SOUTH CAROLINA et al.

Circuit Court of Appeals, Fourth Circuit.

August 28, 1939.

Attorney(s) appearing for the Case

P. L. Felder, Jr., of Orangeburg, S. C. (Lide & Felder, of Orangeburg, S. C., on the brief), for appellant.

Coming B. Gibbs, of Charleston, S. C. (W. M. Shand, of Columbia, S. C., on the brief), for appellees.

Before PARKER and SOPER, Circuit Judges, and HENRY H. WATKINS, District Judge.

SOPER, Circuit Judge.

This action was brought by the receivers of Peoples State Bank of South Carolina against the defendant, S. Zaks, to recover balances due upon two promissory notes held by the bank. The first note, dated January 1, 1930, and payable April 1, 1930, was for the sum of $5,211.91 and was secured by a pledge of 61 bales of cotton. It was signed by Zaks alone. The second note also dated January 1, 1930, and payable April 1, 1930, was for the sum of...

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